SUNNYVALE, CA -- (MARKET WIRE) -- 10/26/06 -- Yahoo! Inc. (NASDAQ: YHOO) will showcase select contributions from what is expected to be the largest Internet time capsule in history. Larger than life images from the Yahoo! Time Capsule are being projected for three nights onto the canyon walls that cradled one of the world's oldest known communities at the ancient pueblo of Jemez in New Mexico during a three day celebration event Oct. 25 - Oct. 27th.

Yahoo! Celebration Event

More than fifteen hours of pictures, videos, poems and stories will be displayed at the historic site and sent into space via a digital laser light beam from the canyon. This stunning visual event will pay tribute to the past, present and future of online and offline communities around the world, and a simultaneous global web cast of the celebration will be available by searching on Yahoo! for "Time Capsule Celebration."

FOR B-ROLL, INTERVIEWS, AND ADDITIONAL INFORMATION ON THE TIME CAPSULE CELEBRATION VISIT: http://www.onthescene.com/MNR/yahoo/time_capsule.htm

Global Time Capsule Insights

Since October 10, 2006, people from nearly 200 countries have contributed more than seventy thousand multimedia submissions to Yahoo!'s electronic anthropology archive. Examples of current content in the time capsule include thoughts about "how to end a war one person at a time" from Deepak Chopra, the first comic book effort from acclaimed director Jon Woo, as well as tributes to Steve Irwin, the recently deceased "Crocodile Hunter." In addition, everyday people have contributed meaningful images, such as a fleeting moment in Egypt when someone created a handprint in the sand before the wind blew it away, the sonogram of a Portuguese couple's soon-to-be first son and a man praying at the Wailing Wall in Jerusalem.

Electronic Anthropology Archive

Submissions to the Yahoo! Time Capsule will be accepted until November 8, 2006 at timecapsule.yahoo.com for a permanent digital archive. Once sealed, the time capsule's multimedia content will be saved and later opened at Yahoo! corporate headquarters in Sunnyvale, Calif. on the company's 25th anniversary in the year 2020. In addition, copies of the content will be presented to Smithsonian Folkways Recordings archives in Washington, DC to be preserved, studied and shared with future generations.

On November 8, 2006, Yahoo! will also donate to seven global charities whose mission is to heal the world today and tomorrow. Yahoo! will contribute a total of $100,000 among organizations including the World Wildlife Fund, International Rescue Committee, Grameen Foundation, UNICEF, One.org, Seeds of Peace and the International Child Art Foundation.

About Yahoo!: Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! seeks to provide online products and services essential to users' lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users around the world. Yahoo! is headquartered in Sunnyvale, Calif.

To preview or download broadcast quality video of the time capsule project/event visit www.TheNewsMarket.com/Yahoo

To request a hardcopy please contact: Mike Levenstein at (323) 930-5827 or mlevenstein@onthescene.com

Contact:

Mike Levenstein
(323) 930-5827
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